The global SBR asphalt modifier market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for SBR-modified asphalt in various applications such as paving and roof waterproofing. The demand for SBR-modified asphalt is also increasing due to its low cost and high performance in comparison with other modified bitumen products such as polymers, waxes, and oils.
The global SBR latex market was valued at USD 590 million in 2018 and is expected to grow at a CAGR of 4% during the forecast period, reaching USD 730 million by 2030. The growth of this market can be attributed to the increased use of latex modified bitumen in various applications such as paving and roof waterproofing owing to its low cost and high performance when compared with other modified bitumen products such as polymers, waxes, or oils.
The global SBR powder market was valued at USD 690 million in 2018 and is expected to grow at a CAGR of 3% during the forecast period, reaching USD 810 million by 2030.
Some Of The Growth Factors Of This Market:
- Increasing demand for asphalt modifier in the construction industry is one of the major factors driving the growth of this market.
- The increasing use of SBR Asphalt Modifier in various applications such as roofing, waterproofing, and flooring is also driving the growth of this market.
- Increasing demand for low-cost and sustainable construction materials is also driving the growth of this market.
- Stringent government regulations on emission levels are expected to drive the growth of this market.
Industry Growth Insights published a new data on “SBR Asphalt Modifier Market”. The research report is titled “SBR Asphalt Modifier Market research by Types (SBR Latex, SBR Powder), By Applications (Paving, Roof Waterproof, Other), By Players/Companies BASF, Kumho Petrochemical, Lanxess, Goodyear, JSR, TSRC, Trinseo, Lion Elastomers, LG, Eni, Asahi Kasei, Xianyuan Chemical, Gaoshi Chemical, Qiaolong”.
Scope Of The Report
Report Attributes
Report Details
Report Title
SBR Asphalt Modifier Market Research Report
By Type
SBR Latex, SBR Powder
By Application
Paving, Roof Waterproof, Other
By Companies
BASF, Kumho Petrochemical, Lanxess, Goodyear, JSR, TSRC, Trinseo, Lion Elastomers, LG, Eni, Asahi Kasei, Xianyuan Chemical, Gaoshi Chemical, Qiaolong
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global SBR Asphalt Modifier Market Report Segments:
The global SBR Asphalt Modifier market is segmented on the basis of:
Types
SBR Latex, SBR Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paving, Roof Waterproof, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Kumho Petrochemical
- Lanxess
- Goodyear
- JSR
- TSRC
- Trinseo
- Lion Elastomers
- LG
- Eni
- Asahi Kasei
- Xianyuan Chemical
- Gaoshi Chemical
- Qiaolong
Highlights of The SBR Asphalt Modifier Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- SBR Latex
- SBR Powder
- By Application:
- Paving
- Roof Waterproof
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the SBR Asphalt Modifier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
SBR Asphalt Modifier is a mod that alters the textures of asphalt and concrete surfaces. It is designed to improve the appearance of roads, parking lots, and other areas that use these materials.
Some of the key players operating in the sbr asphalt modifier market are BASF, Kumho Petrochemical, Lanxess, Goodyear, JSR, TSRC, Trinseo, Lion Elastomers, LG, Eni, Asahi Kasei, Xianyuan Chemical, Gaoshi Chemical, Qiaolong.
The sbr asphalt modifier market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. SBR Asphalt Modifier Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. SBR Asphalt Modifier Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. SBR Asphalt Modifier Market - Supply Chain
4.5. Global SBR Asphalt Modifier Market Forecast
4.5.1. SBR Asphalt Modifier Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. SBR Asphalt Modifier Market Size (000 Units) and Y-o-Y Growth
4.5.3. SBR Asphalt Modifier Market Absolute $ Opportunity
5. Global SBR Asphalt Modifier Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. SBR Asphalt Modifier Market Size and Volume Forecast by Type
5.3.1. SBR Latex
5.3.2. SBR Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global SBR Asphalt Modifier Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. SBR Asphalt Modifier Market Size and Volume Forecast by Application
6.3.1. Paving
6.3.2. Roof Waterproof
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global SBR Asphalt Modifier Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. SBR Asphalt Modifier Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global SBR Asphalt Modifier Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. SBR Asphalt Modifier Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global SBR Asphalt Modifier Demand Share Forecast, 2019-2026
9. North America SBR Asphalt Modifier Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America SBR Asphalt Modifier Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America SBR Asphalt Modifier Market Size and Volume Forecast by Application
9.4.1. Paving
9.4.2. Roof Waterproof
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America SBR Asphalt Modifier Market Size and Volume Forecast by Type
9.7.1. SBR Latex
9.7.2. SBR Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America SBR Asphalt Modifier Demand Share Forecast, 2019-2026
10. Latin America SBR Asphalt Modifier Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America SBR Asphalt Modifier Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America SBR Asphalt Modifier Market Size and Volume Forecast by Application
10.4.1. Paving
10.4.2. Roof Waterproof
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America SBR Asphalt Modifier Market Size and Volume Forecast by Type
10.7.1. SBR Latex
10.7.2. SBR Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America SBR Asphalt Modifier Demand Share Forecast, 2019-2026
11. Europe SBR Asphalt Modifier Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe SBR Asphalt Modifier Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe SBR Asphalt Modifier Market Size and Volume Forecast by Application
11.4.1. Paving
11.4.2. Roof Waterproof
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe SBR Asphalt Modifier Market Size and Volume Forecast by Type
11.7.1. SBR Latex
11.7.2. SBR Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. arket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe SBR Asphalt Modifier Demand Share, 2019-2026
12. Asia Pacific SBR Asphalt Modifier Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific SBR Asphalt Modifier Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific SBR Asphalt Modifier Market Size and Volume Forecast by Application
12.4.1. Paving
12.4.2. Roof Waterproof
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific SBR Asphalt Modifier Market Size and Volume Forecast by Type
12.7.1. SBR Latex
12.7.2. SBR Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific SBR Asphalt Modifier Demand Share, 2019-2026
13. Middle East & Africa SBR Asphalt Modifier Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa SBR Asphalt Modifier Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa SBR Asphalt Modifier Market Size and Volume Forecast by Application
13.4.1. Paving
13.4.2. Roof Waterproof
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa SBR Asphalt Modifier Market Size and Volume Forecast by Type
13.7.1. SBR Latex
13.7.2. SBR Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa SBR Asphalt Modifier Demand Share, 2019-2026
14. Competition Landscape
14.1. Global SBR Asphalt Modifier Market: Market Share Analysis
14.2. SBR Asphalt Modifier Distributors and Customers
14.3. SBR Asphalt Modifier Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kumho Petrochemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lanxess
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Goodyear
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JSR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TSRC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trinseo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lion Elastomers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eni
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Asahi Kasei
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xianyuan Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gaoshi Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qiaolong
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
